Beach Point Capital Management LP Diversified Active

CIK: 0001453885 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 2, 2023

Total Value ($000): $207,657 (67.8% shares, 32.2% debt)

Holdings (20)

VEL VELOCITY FINL INC 20.3%

Value ($000) $42,115 Shares 4,663,900 Est. Cost $9.08 Unrealized +5.2%

— FRONTIER COMMUNICATIONS PARE 13.0%

Value ($000) $26,921 Shares 1,182,282 Est. Cost $26.40 Unrealized —

— TERRAN ORBITAL CORPORATION 11.3%

Value ($000) $23,449 Shares 12,744,102 Est. Cost $6.65 Unrealized —

— WESTERN ASSET MORTGAGE CAPIT 9.0%

Value ($000) $18,673 Shares 21,600,000 Est. Cost $0.97 Unrealized —

— 2U INC 8.2%

Value ($000) $17,100 Shares 21,881,000 Est. Cost $0.84 Unrealized —

— GREAT AJAX CORP 7.0%

Value ($000) $14,584 Shares 602,884 Est. Cost $24.77 Unrealized —

— MULTIPLAN CORPORATION 6.8%

Value ($000) $14,182 Shares 13,379,011 Est. Cost $2.96 Unrealized —

MITT AG MTG INVT TR INC 6.4%

Value ($000) $13,300 Shares 2,313,007 Est. Cost $9.41 Unrealized —

— TWO HARBORS INVENTMENT CORPO 3.7%

Value ($000) $7,701 Shares 8,965,000 Est. Cost $1.01 Unrealized —

— BLACKSTONE MORTGAGE TRUST IN 3.5%

Value ($000) $7,178 Shares 9,079,000 Est. Cost $0.79 Unrealized —

MFA MFA FINL INC 3.2%

Value ($000) $6,714 Shares 676,804 Est. Cost $10.53 Unrealized —

FLL FULL HSE RESORTS INC 2.1%

Value ($000) $4,339 Shares 600,136 Est. Cost $6.54 Unrealized +31.4%

FSK FS KKR CAP CORP 1.8%

Value ($000) $3,663 Shares 198,012 Est. Cost $9.43 Unrealized +28.9%

— GREAT AJAX CORP 1.1%

Value ($000) $2,265 Shares 344,280 Est. Cost $12.45 Unrealized —

ADAM NEW YORK MTG TR INC 0.8%

Value ($000) $1,743 Shares 174,999 Est. Cost $9.96 Unrealized —

— INNOVATE CORP 0.8%

Value ($000) $1,637 Shares 2,055,000 Est. Cost $1.15 Unrealized —

AER AERCAP HOLDINGS NV 0.7%

Value ($000) $1,406 Shares 25,000 Est. Cost $58.91 Unrealized 0.0%

— DRAGONFLY ENERGY HOLDINGS CO 0.3%

Value ($000) $636 Shares 211,985 Est. Cost $11.12 Unrealized —

ADAM NEW YORK MTG TR INC 0.0%

Value ($000) $35 Shares 1,168 Est. Cost $9.96 Unrealized —

— GREAT AJAX CORP 0.0%

Value ($000) $16 Shares 807 Est. Cost $12.45 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VEL	VELOCITY FINL INC	4,663,900	$42,115	20.3%	$9.08	+5.2%	COM	92262D101
—	FRONTIER COMMUNICATIONS PARE	1,182,282	$26,921	13.0%	$26.40	—	COM	35909D109
—	TERRAN ORBITAL CORPORATION	12,744,102	$23,449	11.3%	$6.65	—	COM	88105P103
—	WESTERN ASSET MORTGAGE CAPIT	21,600,000	$18,673	9.0%	$0.97	—	NOTE 6.750% 9/1	95790DAD7
—	2U INC	21,881,000	$17,100	8.2%	$0.84	—	NOTE 2.250% 5/0	90214JAB7
—	GREAT AJAX CORP	602,884	$14,584	7.0%	$24.77	—	7.25 CV SR NT 24	38983D409
—	MULTIPLAN CORPORATION	13,379,011	$14,182	6.8%	$2.96	—	COM	62548M100
MITT	AG MTG INVT TR INC	2,313,007	$13,300	6.4%	$9.41	—	COM NEW	001228501
—	TWO HARBORS INVENTMENT CORPO	8,965,000	$7,701	3.7%	$1.01	—	NOTE 6.250% 1/1	90187BAB7
—	BLACKSTONE MORTGAGE TRUST IN	9,079,000	$7,178	3.5%	$0.79	—	NOTE 5.500% 3/1	09257WAE0
MFA	MFA FINL INC	676,804	$6,714	3.2%	$10.53	—	COM	55272X607
FLL	FULL HSE RESORTS INC	600,136	$4,339	2.1%	$6.54	+31.4%	COM	359678109
FSK	FS KKR CAP CORP	198,012	$3,663	1.8%	$9.43	+28.9%	COM	302635206
—	GREAT AJAX CORP	344,280	$2,265	1.1%	$12.45	—	COM	38983D300
ADAM	NEW YORK MTG TR INC	174,999	$1,743	0.8%	$9.96	—	COM	649604840
—	INNOVATE CORP	2,055,000	$1,637	0.8%	$1.15	—	NOTE 7.500% 8/0	404139AG2
AER	AERCAP HOLDINGS NV	25,000	$1,406	0.7%	$58.91	0.0%	SHS	N00985106
—	DRAGONFLY ENERGY HOLDINGS CO	211,985	$636	0.3%	$11.12	—	COM	26145B106
ADAM	NEW YORK MTG TR INC	1,168	$35	0.0%	$9.96	—	Call	649604840
—	GREAT AJAX CORP	807	$16	0.0%	$12.45	—	Call	38983D300